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How did you all get started? Who mentored you?
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I have a seller that wants 20k out of her house. That is all she wants, she does not want to list on MLS, or deal with realtors or people viewing her house while she lives there. Her loan amount is 89k and the house...
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My wife and I recently closed on a house in Omaha, NE at $155,000 using a conventional loan. Since the closing/move, I've read a few books including "Set for Life". So as it stands now we are planning on saving $1,500...
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When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.
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Background: April 2013, I purchased a SFH HUD repo. (built in 2007) in College Station, TX for $89K.The loan is a 30 year conventional at 3.75%, 20% down. Rehab costs were about $12K so total out of pocket investment ...
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Hi, Fellow BPersSo, I was doing a little happy dance because we finally got stable mid-term guests in about 30% of our units. But then, bam! I get hit with this nearly $400 power bill for a 1200 sqft townhouse for las...
Hello - this is my first post on this forum and I am hoping for some advice for a newcomer.
In 2016 I purchased my first piece of real estate, a condo in Clearwater, FL for $222k.
In early 2018 I relocated to LA for...
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Recently I was contacted by a person in regards to one of my listings for sale. He said he is talking to someone else about the home and asked me if we also have it listed for rent with someone else. Because of my pre...
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Hey guys-- when you are calling a 'for rent' ad in craigslist or the newspaper and telling them why they would want to do a lease purchase and what your role would be (i.e. you aren't going to be the tenant you are go...
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I found a small multi-family property (4 units, 2BR/1BA per unit) and it qualifies for FHA financing. I am thinking about living in a spare unit (the other 3 units are currently renting at $550/mo each). Has any of yo...